E & P News
Magnolia Oil & Gas Second Quarter 2021 Results
Magnolia Oil & Gas Corp. announced its financial and operational results for the second quarter of 2021. Q2 2021 Highlights: Magnolia reported second quarter 2021 net income attributable…
Penn Virginia Second Quarter 2021 Results
Penn Virginia Corp. announced its financial and operational results for the second quarter 2021. Recent Significant Highlights: After raising oil guidance in the first quarter of 2021, the…
Crescent Point Energy Second Quarter 2021 Results
Crescent Point Energy Corp. reported its operating and financial results for the quarter ended June 30, 2021. Highlights: Successfully closed the acquisition of Kaybob Duvernay assets and disposition…
Whiting Petroleum Second Quarter 2021 Results
Whiting Petroleum Corp. announced second quarter 2021 results. Second Quarter 2021 Highlights: Revenue was $352 million for the quarter ending June 30, 2021 Net loss (GAAP) was $62…
Silverbow Resources Second Quarter 2021 Results
SilverBow Resources, Inc. announced operating and financial results for the second quarter of 2021. Highlights include: Net production of 213 million cubic feet of natural gas equivalent per…
Enerplus Corp. Second Quarter 2021 Results
Enerplus Corp. reported its Q2 2021 results. Cash flow from operating activities for the second quarter was $136.9 million and adjusted funds flow was $184.3 million, compared to…
Ring Energy Second Quarter 2021 Results
Ring Energy, Inc. reported operational and financial results for the second quarter 2021. In addition, the Company announced drilling plans for the second half of 2021 that include…
Penn Virginia's Credit Line Increased to $600 Million
Penn Virginia Corp. announced an increase to the Company's borrowing base under its revolving credit facility pursuant to its regularly scheduled fall redetermination. Upon closing of the merger…
Lonestar Resources Second Quarter 2021 Results
Lonestar Resources US Inc. reported its Q2 2021 results ahead of its pending merger with Penn Virginia. Highlights: Second Quarter Production Up 14% From First Quarter Levels. Lonestar…
SandRidge Energy Second Quarter 2021 Results
SandRidge Energy Inc. reported its Q2 2021 results. Recent Highlights: SandRidge's Board of Directors has approved the initiation of a share repurchase program (the "Program") as a means…
Contango Oil & Gas Second Quarter 2021 Results
Contango Oil & Gas Co. reported its Q2 2021 results ahead of the closing of its pending merger with Independence Energy. Q2 Highlights: Production sales of 2,196 MBoe…
Chaparral Energy Second Quarter 2021 Results
Chaparral Energy Inc. reported its Q2 2021 results. Additionally, the company announced two deals, which can be accessed here in Shale Experts' M&A Database. Highlights: Developed and adopted…
Riley Exploration Permian Second Quarter 2021 Results
Riley Exploration Permian Inc. reported its Q2 2021 results. Highlights: Increased total net equivalent production by 35% to 9.1 MBoe/d for the three months ended June 30, 2021,…
U.S. E&P Companies Continue to Consolidate; Oasis, Chesapeake, Laredo, PVA, & More
A big trend for 2021 sees E&Ps expanding their asset portfolios in core areas, while simultaneously discarding their positions in non-core plays. Companies such as Whiting, Chesapeake, Oasis,…
Chesapeake Energy Second Quarter 2021 Results
Chesapeake Energy Corp. reported 2021 second quarter results. Highlights include: Net cash provided by operating activities of $394 million, resulting in unrestricted cash balance of $612 million Net…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |